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Freestanding Medical Office Building
New
For Lease
$20 SF/Yr

111 Coastal Way, Chesapeake, VA 23320

Open floor plan, natural light, and convenient surface parking support a flexible medical office environment.

Space Size1,404 SF
Days on Market5

Property Features for 111 Coastal Way

General Information

Standard status Active
Size 1,404 SF
Class C
Property subtype Office
Lease Term MG

Additional Details

Space Use Medical Office
Highway Access Yes

Building Details

Building Size 1,404 SF
Parking Ratio 4 per 1,000 SF

Spaces For Lease

at 111 Coastal Way Contact us

Suite A $20/SF/Yr

Size
1,404 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: S.L. Nusbaum Realty Co
Listed By: Anthony Grecco · License #0225264786
Source: Slnusbaum
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 12 at 5:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of S.L. Nusbaum Realty Co

Investment Insights

Based on property information with market context.

This freestanding medical office building features a modern design, open interior arrangement, and ample natural light. Surface parking is provided at a ratio of 4 spaces per 1,000 SF, supporting convenient access for occupants and visitors.

The property is positioned in the Greenbrier / Battlefield submarket at 111 Coastal Way in Chesapeake. Battlefield Blvd exposure exceeds 71,000 VPD, with convenient access to I-64 and a location 1.5 miles from Chesapeake Regional Medical Center.

The surrounding business environment includes major employers, retail destinations, and office properties. Nearby reference points include Dollar Tree headquarters and Summit Pointe.

Key Highlights

  • Freestanding medical office building with a modern design and open floor plan
  • Surface parking ratio of 4 spaces per 1,000 SF
  • Battlefield Blvd exposure to more than 71,000 VPD

Property Analytics

Current Use

Tidewater Medical Clinic Medical Clinic Dr. Luis G. ... Physician Dr. Madhukar Kaloji Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Pet Grooming Service Wine and Liquor Store Tattoo & Piercing Shop Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,081
Businesses Nearby
Balanced
Demand for This Use

Demographics for 23320, VA

60,412
Population
26,131
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
93%
High-School Grad
31.7 sq mi
ZIP Area
1,906
Density / Sq Mi
$81,736
Median Household Income
$49,403
Median Earnings
$1,654
Median Rent
$323,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

  • Animal Eye Care Associates 660 Independence Pkwy Ste 350, Chesapeake, VA 23320
  • Grant Veterinary Care 1433 Sam's Dr, Chesapeake, VA 23320

Frequently Asked Questions

What type of property is this?
Medical Office Space - Open floor plan, natural light, and convenient surface parking support a flexible medical office environment.
Where is this medical office space located?
The property is located at 111 Coastal Way Chesapeake, VA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Freestanding medical office building with a modern design and open floor plan; Surface parking ratio of 4 spaces per 1,000 SF; Battlefield Blvd exposure to more than 71,000 VPD
More about this property
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